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The New Age of Oil and Gas Requires Smart Technologies and Sustainable Solutions

The current oil price environment is forcing major change and difficult decisions within the Oil and Gas industry. New operating models and approaches that improve CAPEX and OPEX are required to respond to short- and mid-term market supply and demand dynamics. Yet the longer-term need for sustainable solutions that bolster safety and environmental performance also remains an evergreen priority. From drill pad to refinery, Siemens helps operators achieve this unique balance through a spectrum of upstream, midstream and downstream technological innovations and solutions.

The Siemens portfolio is based on broad expertise in power supply, drives, instrumentation, telecommunication (EIT) and water treatment as well as years of hands-on experience in the oil and gas business and subsea applications.

Today's oil and gas operators involved in offshore oil and gas production and processing face a host of challenges including remote locations, harsh environments, extreme climates, as well as weight and size constraints.

Two of the most significant challenges facing the refining industry today are staying ahead of the increased requirements for process safety compliance and ensuring a reliable and continuous electrical supply while still keeping operating costs down. Siemens is one of the few companies in the world that can help you tackle all these issues.